6221 Corona Ave - Apartments FOR SALE


Bell, CA 90201- Cudahy
$2,350,000 USD
562-256-4684
6221 Corona Ave, Bell, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/65
null | 5.21% Cap Rate

6221 Corona Ave
Bell, CA 90201
Cudahy


HIGHLIGHTS

  • Turnkey 7-Unit Multifamily
  • Fully Renovated
  • 5.21% Cap Rate

OVERVIEW

Offered at $2,350,000, this fully renovated 7-unit multifamily property at 6221 Corona Ave presents a rare turnkey investment opportunity in a strong rental market. The asset consists of three separate buildings totaling 4,801 square feet on a spacious 10,435 SF lot, with all units comprehensively remodeled in 2025 to a modern standard. The unit mix includes one detached 2 bed/1 bath with a private yard, one 3 bed/2 bath, four 1 bed/1 bath units, and one ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.21% cap rate and a GRM of 12.36, with an average price of $335,714 per unit. With seven legal units spread across a low-maintenance layout, this is a perfect opportunity for investors seeking stable income, minimal deferred maintenance, and long-term upside. Whether you're expanding your portfolio or entering the multifamily space, 6221 Corona Ave is a standout value proposition in today’s market.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$538 USD /SF

# OF UNITS

7

PRICE/UNIT

$335,714

CAP RATE

5.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,437 SF

ZONING

BLR3YY

APN/PARCEL ID

6318-024-004

ASK ABOUT THIS PROPERTY

Albert PaclebLA Commercial, Inc.More Info
562-256-4684

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Albert PaclebLA Commercial, Inc.More Info
562-256-4684

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.